Microsoft Corporation (NASDAQ:MSFT) is Little House Capital LLC’s 2nd Largest Position

Little House Capital LLC trimmed its position in shares of Microsoft Corporation (NASDAQ:MSFT) by 3.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,821 shares of the software giant’s stock after selling 1,568 shares during the quarter. Microsoft accounts for approximately 4.7% of Little House Capital LLC’s investment portfolio, making the stock its 2nd biggest position. Little House Capital LLC’s holdings in Microsoft were worth $17,201,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Newton One Investments LLC boosted its stake in shares of Microsoft by 66.7% in the 1st quarter. Newton One Investments LLC now owns 75 shares of the software giant’s stock valued at $28,000 after buying an additional 30 shares during the period. Ball & Co Wealth Management Inc. purchased a new position in shares of Microsoft in the 4th quarter valued at about $31,000. LSV Asset Management purchased a new position in shares of Microsoft in the 4th quarter valued at about $44,000. IFS Advisors LLC boosted its stake in shares of Microsoft by 50.0% in the 1st quarter. IFS Advisors LLC now owns 150 shares of the software giant’s stock valued at $57,000 after buying an additional 50 shares during the period. Finally, Fairway Wealth LLC purchased a new position in shares of Microsoft in the 4th quarter valued at about $62,000. 71.13% of the stock is currently owned by hedge funds and other institutional investors.

Microsoft Stock Up 0.2%

Microsoft stock opened at $522.04 on Monday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.35 and a quick ratio of 1.35. Microsoft Corporation has a 1-year low of $344.79 and a 1-year high of $555.45. The company has a market cap of $3.88 trillion, a PE ratio of 38.27, a price-to-earnings-growth ratio of 2.29 and a beta of 1.06. The stock’s 50 day moving average price is $496.85 and its 200 day moving average price is $438.17.

Microsoft (NASDAQ:MSFT) last posted its quarterly earnings results on Wednesday, July 30th. The software giant reported $3.65 earnings per share for the quarter, beating analysts’ consensus estimates of $3.35 by $0.30. Microsoft had a return on equity of 32.44% and a net margin of 36.15%. The firm had revenue of $76.44 billion for the quarter, compared to the consensus estimate of $73.79 billion. During the same period in the previous year, the business earned $2.95 earnings per share. The company’s revenue for the quarter was up 18.1% compared to the same quarter last year. On average, sell-side analysts predict that Microsoft Corporation will post 13.08 EPS for the current fiscal year.

Microsoft Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Thursday, August 21st will be paid a $0.83 dividend. The ex-dividend date is Thursday, August 21st. This represents a $3.32 dividend on an annualized basis and a dividend yield of 0.6%. Microsoft’s payout ratio is 24.34%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Barclays lifted their price objective on Microsoft from $550.00 to $625.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Morgan Stanley lifted their price objective on Microsoft from $530.00 to $582.00 and gave the company an “overweight” rating in a research note on Thursday, July 31st. Stifel Nicolaus raised their target price on Microsoft from $500.00 to $550.00 and gave the stock a “buy” rating in a research report on Monday, July 28th. Wedbush raised their target price on Microsoft from $600.00 to $625.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Finally, Mizuho raised their target price on Microsoft from $540.00 to $625.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Two analysts have rated the stock with a hold rating and thirty-one have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $609.86.

Insiders Place Their Bets

In related news, EVP Amy Coleman sold 13,243 shares of Microsoft stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $452.01, for a total value of $5,985,968.43. Following the sale, the executive vice president directly owned 43,100 shares in the company, valued at $19,481,631. The trade was a 23.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Kathleen T. Hogan sold 21,500 shares of Microsoft stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $453.77, for a total value of $9,756,055.00. Following the completion of the sale, the executive vice president owned 134,888 shares in the company, valued at approximately $61,208,127.76. This trade represents a 13.75% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 54,743 shares of company stock valued at $24,921,913 in the last three months. 0.03% of the stock is owned by corporate insiders.

Microsoft Profile

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.